|
� , . : - .-
<br /> ':� . . .- -.'��::.
<br /> � yy•,:iqV'c+. . . :a-.',.1.•� __
<br /> ±4+IM+'�t�r.,... " , a.w�w- . ._ -_.
<br /> .. •, ' . • •. `".•, �--
<br /> -:TL..
<br /> .. . " '•�+.f:•--
<br /> � +iPafi:':°.��
<br /> . _ i� _
<br /> ,�..
<br /> 1 .� -
<br /> 16.Borrower's Copy. Bonowcr shall bc givcn onc wnformcd copy of thc Notc end of this Sccurity Inswmcn� ; ' _
<br /> i 17.Transtcr of the Progerty ar a Benefkial Interest in Rorrowcr. If ull or any pArt of thc Propeny or any intcrest in it is . �''
<br /> � sold ar trnnsfened(or if a bencflcW intcrest in Borrowcr is sold or transfcrrcd and 9onower is not u naturuf person) without ,K'•.Jyx •.
<br /> • � Lendcr's prior wdtten wnsent,l.�nder may,at its opdon,rcquire immediatc paymcns in fuU of all sums sccurcd by this Security ,,;t.�._
<br /> Instrument.�Iowcver,thls option shall not be excrcised by Lcnder if cxcrctsc is prohibitcd by fcdcral law as of thc date of this� '
<br /> Sccurity InstrumcnG '3`�'�`
<br /> If Lender exerciscs this opdon,I.�ender shaU give Borrowcr nodce of ecceleradon.Thc nodcc shall pravide aperiod of not Icss � ;}n _
<br /> ihan 30 days from the date the nodcc is dclivcred ar mailed within which Sorrowcr must pay all.sums secured by thfs SectuityN .,.>-_
<br /> � , Instru►nenG If Borrower fails to pay these sums pdor to the explratlon of this pedod,Lcndcr may tnvoke any rcmedlcs permiucdN
<br /> by this Sccuriry Inswment without further nodce or dcmand qn Borrower. �
<br /> 18.Borrower's Right,to Reit�tatl. If Bo�rower �e0�s cc:nain c�ndidons, Borrower shall havc thc rigfit to havc�j _
<br /> enforcement of this Secunty Inswment discontinued at an�l time pdor to the esulier of: (a) S days (or such other pedod a� __
<br /> wer of sale wntainetl ln this Securit}!�
<br /> applicablc law may spcc'Jy:for neinbtatement)before sale of'the Property pursuent to any po „� _
<br /> Insuument;or(b)cntry of a judgmcnt cnfoceing this Security Instrumen�'R�ose condidons arc that Borrower:(a)pays L.ender all
<br /> sums which then would be due under this Security Instnunent end the Notc as if no accclsration had occurred; (b) cures anY
<br /> default of eny other covenants or agreemenis; (c)pays all expenses incurred in enforcing this Security Instrument,including,but
<br /> not limited co,ceasonable attomeys'fcc,g; and(d)takes such ecdon as Lender may reasonably requirc to assure that the lien of this
<br /> � Securlty Instrument, Lender's righu� in the Property and Borrower's obligaflon to pay the sums secured by this Securiry -- -
<br /> Instrument shall continue unchenged. Upon reinstatement by Bonower,this Securiry Insuument and the obligadons secured
<br /> hereby shall remain fully effective as if no accelecadon had occurred.However,this right to reinstate shaU not apply in the casc of
<br /> .� ncceleradon under paragraph 17.
<br /> 19.SAIe ot Note;Change ot Lor�n Servker. The Note or a partial intcrest in the Notc (together with this Securlty
<br /> Instrument)may be sold one or more times without prior notice to Borrower.A sale may result in a change in the endty(known
<br /> as the"I.oan Scrvicer")that collects monthly payments due under the Note and this Security InstrumenG'll�ere also may be one or �
<br /> more changes of ihe Loan Secvicer unrelated to a sale of the Note.If there is a change of the Loan Servicer,Bocrower will be
<br /> given vvriuen nodce of the chenge in eccordance with para�raph 14 above and applicable law.The nodce will state the name and ; _
<br /> address of the new Loan Servicer and the address to wh�ch payments shauld be made.The nodce will also contai�►any other i`•.
<br /> informaaon required by applicable law. �
<br /> � 20.Hazardous Substances. Banower shell not cause or pem►it ihe presence, use, disposal, storage, or rele�+se af any =
<br /> HpYAr�in��c Suhs►ances on or in the Property.Bonower shall not do,nor allow anyone else to do,anything affecting the Property
<br /> �� that is in violadon of en�Environmental Law.'It►e prt�dtnE tv�'o sentences sholl not upply i:,tfia prescacc.use,or�tarage on sfie =
<br /> . Property of small quanuues of Hezardous Substenccs that are gcncrally rocognized co be appmprlatc to norcnal residendal uses _
<br /> and to mamtenance of the Property.
<br /> Borcowu shall promptly give Lender written nodco of eny invesdgation, claim, demend, lawsult or other action by any __
<br /> govcmmental or regulatory agency or private party involving the Propeny and any Hazardous Substance or Environmcntal Law __-
<br /> of which Borrower hes actual knowledge.If Botrower leams,or is notified by eny governmental or regulatory authority,that any
<br /> removal or other remediadon of any Hazardous Substance affecting the Property is necessary,Borrower shall prompdy take all �:
<br /> neces.sary remedial actions in accordance with Environmental Law. ����
<br /> ps �sed m this parugraph 20, "Hazardaus Substances" are those substances defined as toxic or hazardous substances by _
<br /> Environmental Law and the following substances: gasoline, kerosenc, other flammable or toxic petroleum �roducts, toxic
<br /> pesacides and herbicidcs, volatile solvenis,materials conuuning asbestos or formeldehyde,and radioacnve matenals.As uscd in
<br /> this paragraph 20,"Environmental Law" means federal laws end laws of the jurisdicdon wherc thc Property is located that rclatc ,
<br /> '' to health,safcty or environmental protecaon.
<br /> NON-UNIFORM COVENAIVTS.Sorrowcr end Lender furthcr covenent and agree as follows:
<br /> 21.Accekration;Remedies.Lender ehAll qive notke to Borrower prior to acceleration followinq Aorrower's breach ot _
<br /> any rnvenant or Agreement in tht� Security Instrument (but not prbr to accekratioa under pamgrAph 17 unkss =_
<br /> _ Applirabk Inw provldes otherw[v).The notice s6x11 specify: (a)the detault;(b)the action required to cure the defAUlh(c)
<br /> • a date�not{e.ss than 30 dAya from tl�e date the notice�S given ta Borrower,by whkh th2 detault must be cured;And(d)
<br /> s thAt failure to cure the detault un ar before the dute specitied in the nottce may result in accekratwn ot the sums secured ____
<br /> by thtv Security Instrument wnd sale ot the Property.The notice shall further inform Qorrower of the right to reinstate `,:.?
<br /> Aner accekratbn and the right to bring � court action to Assert the aon•ex[stence of a default or any ather detense of --� �°_
<br /> r ..,;
<br />- Borrower to accelerallon and sale.If the default Ls not cured on or before the date speciried[n the notice,L.ender,at ifs -_______ _
<br /> option,may require immcdi�te payment in tull of aU sums secured by thL�3ecurity Instrument wit6out turther demand �` ��"�:
<br /> and may invoke the power of sAle and any other remedies permftted by appUcable Ixw.Lender shs�ll be entitled to collect � ...��,•_`__:;_-
<br /> - all expenses incurred in pursuing the remedies provided in this pAragraph 21,including,but not Itmlted to,reasonuble --�;._�;��;�r.
<br /> attorneys'fees and costs of title evidence. • .,�.�
<br /> • -.�_�;
<br /> _��.._.._
<br />- It tht power of sale Ls invoked, Trustee shall record a notice of default in each county in which any pArt of the _, . .
<br /> Property t�located and shall maU copies af such notice'rn the manner prescribed by applicable Inw to Borrower and to the � '-"'
<br /> ; other persons prescribed by s�pplicable law.After the time required by applkabk law,Trustee shAll give publk notice ot �� .~
<br /> I sale to the persons an�l in the manner pres�:ribed by applicabk law.Trustee,without demanci on Borrower,shall sell the
<br /> . 1 Property at public auction to the higheat bidder at the t(me and plsce and under the terms designuted in the notice of sale ��
<br /> �
<br /> �
<br /> - Form 3028 9�90 �
<br /> j �•6R(NE)c92tzl.ot a�pa5ots inmau:
<br /> ' i � �—r--.--.-- _
<br /> G
<br /> I
<br /> _ �
<br /> �
<br /> � �
<br />
|